Investing.com - WW Grainger reported on Friday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
WW Grainger announced earnings per share of $4.48 on revenue of $3.08B. Analysts polled by Investing.com anticipated EPS of $4.31 on revenue of $3.05B.
WW Grainger shares are up 13% from the beginning of the year and are trading at $431.00 , down-from-52-week-high.They are outperforming the S&P 500 which is up 12.12% year to date.
WW Grainger shares gained 0.26% in pre-market trade the report.
WW Grainger follows other major Consumer Cyclical sector earnings this month
WW Grainger's report follows an earnings beat by Tesla on Monday, who reported EPS of $0.93 on revenue of $10.39B, compared to forecasts EPS of $0.7428 on revenue of $10.42B.
Sony ADR had beat expectations on Wednesday with fourth quarter EPS of $0.7932 on revenue of $20.38B, compared to forecast for EPS of $0.3297 on revenue of $19.14B.
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